IN BRIEF: Admiral Acquisition says investment income offsets costs

Mon, 19th Feb 2024 09:52

Admiral Acquisition Ltd - British Virgin Islands-based company, founded to pursue its objective of acquiring a target company or business - Says it incurred operating costs of USD1.3 million between December 15, 2022 and November 30, 2023, alongside admission costs of USD11.0 million regarding its IPO in May last year. These were offset by investment income of USD15.3 million.

Current stock price: USD9.00

12-month change: down 8.6%

By Tom Budszus, Alliance News slot editor

Comments and questions to newsroom@alliancenews.com

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